EnovixENVX +2.52%43 Days Payable is 247.11 as of Mar. 2026, which is 18% above its 10-year median of 208.59. GuruFocus rates ENVX with a GF Score™ of 43/100 and a GF Value™ of $18.17 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,992 Industrial Products companies, Enovix ranks better than 90.64% on this metric.
Enovix's average Accounts Payable for the
three
months ended in Mar. 2026 was $16.38 Mil. Enovix's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $6.05 Mil.
Hence, Enovix's Days Payable for the
three
months ended in Mar. 2026 was 247.11.
The historical rank and industry rank for Enovix's Days Payable or its related term are showing as below:
ENVX'
s Days Payable Range Over the Past 10 Years
Min: 80.27 Med: 208.59 Max: 484.97
Current: 240.15
During the past 6 years, Enovix's highest Days Payable was 484.97. The lowest was 80.27. And the median was 208.59.
ENVX's Days Payable is ranked better than 90.64% of 2992
companies
in the Industrial Products industry
Industry Median: 78.08
vs ENVX: 240.15
Enovix's Days Payable
declined
from Mar. 2025 (283.94) to Mar. 2026 (247.11).
It may suggest that Enovixaccelerated paying its suppliers.
Enovix Days Payable Related Terms
Enovix Days Payable Historical Data
* Premium members only.
The historical data trend for Enovix's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Enovix's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enovix Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enovix's Days Payable distribution charts can be found below:
* The bar in red indicates where Enovix's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Enovix's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enovix (ENVX) has a Days Payable of 247.11 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Enovix and its competitors. This is 18% above median its historical median of 208.59. Over the past decade, Enovix's Days Payable has ranged from 80.27 to 484.97. According to the industry distribution chart, Enovix ranks #280 out of 2992 companies in the Industrial Products industry, placing it in the top 9.4%.
Is Enovix's Days Payable too high?
Enovix's current Days Payable of 247.11 is 18% above median its 10-year median of 208.59. Over the past 10 years, this metric has ranged from a low of 80.27 to a high of 484.97. The Industrial Products industry median Days Payable is 78.08. Enovix's value of 247.11 is 216.5% above this industry median. Based on the distribution chart, Enovix ranks #280 out of 2992 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Enovix has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enovix's Days Payable compare to FAC and ENR?
According to the Industrial Products industry distribution chart, Enovix ranks #280 out of 2992 companies for Days Payable. This places Enovix in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.08. Enovix's value of 247.11 is 216.5% above this benchmark. Historically, Enovix's own Days Payable has ranged from 80.27 to 484.97 over the past decade. While the company's 10-year median is 208.59 vs. the industry median of 78.08, Enovix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enovix's current Days Payable of 247.11 is 216.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Enovix and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enovix's current Days Payable is 247.11, which is 18% above median its own 10-year median of 208.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enovix stock overvalued right now?
Based on GuruFocus' analysis, Enovix (ENVX) is currently considered Possible Value Trap. The stock's GF Value™ is $18.17, compared to a current price of $6.10 — trading 66.4% below its estimated fair value. The current Days Payable is 247.11, which is 18% above median its 10-year median of 208.59 and 216.5% above the Industrial Products industry median of 78.08. Enovix's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Enovix (ENVX), the current Days Payable is 247.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enovix (ENVX) Overvalued in 2026?
Based on GuruFocus' analysis, Enovix stock appears to be undervalued.
The current stock price of $6.10 is trading 66.4% below its estimated GF Value™ of $18.17.
GuruFocus considers Enovix to be Possible Value Trap.
Key valuation signals for ENVX:
Days Payable: 247.11 (18% above median its 10-year median of 208.59)
GF Value™: $18.17 vs. price of $6.10 (66.4% below fair value)
Industry Position: 216.5% above the Industrial Products median (#280 of 2992)
No single metric tells the full story. See the ENVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
43GF Score
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